Business News

Rival web browsers are unhappy that the long-awaited Windows 10 upgrade automatically sets Microsoft Edge as the default browser. While behemoth Google can likely roll with the punches, smaller rival Mozilla is blasting Microsoft for making it difficult on Firefox users.

Drugmaker Merck & Co. Inc. (MRK) said Friday that its investigational Ebola vaccine candidate, rVSV-ZEBOV, was found to have 100% efficacy in an analysis of interim data from a Phase 3 ring vaccination trial in Guinea.
Preliminary conclusions from the study, which is continuing, were published in...

ON Semiconductor Corp (ON) on Sunday reported second-quarter net earnings of $50.7 million or $0.12 per share compared with $94.1 million or $0.21 per share last year.
Excluding items, adjusted earnings for the quarter were flat at $0.22 per share.
Revenues for the quarter were $880.5 million compared...

China's government has taken unprecedented steps to keep Chinese stocks afloat after their worst monthly losses in six years.
Beijing has reportedly lent 1.3tn yuan ($240 billion) to Chinese Securities Finances in attempt to halt the stock market meltdown.
The government intends for brokers to...

Coca-Cola Enterprises Inc. (CCE) reported second quarter EPS of $0.79 on a comparable basis Friday morning, compared to $0.90 in the previous year. Analysts expected EPS of $0.76.
Coca-Cola Enterprises gapped open sharply higher Friday and is now up 5.31 at $50.75 on above average volume. The stock...

Shares of TerraForm Global Inc (GLBL) dropped in its trading debut on the Nasdaq Global Select Market on Friday, after the company's initial public offering.
TerraForm - a subsidiary of renewable energy development company SunEdison Inc - had priced its IPO of 45 million Class A common shares at...